Global Geothermal Power: Policies, Funding, Wells, Strengths, Opportunities and Barriers Geothermal is moving into a broader investment cycle. In 2026, the story is no longer limited to volcanic power plants in a few classic markets; it now includes enhanced geothermal systems, closed-loop designs, district heating, superhot rock, lithium from brines and industrial heat. Across the United States, Canada, Germany, the United Kingdom, Australia, New Zealand, Japan, Iceland, France and Italy, the sector is being shaped by a simple question: who is de-risking the first wells, and who is ready to finance the next ones? United States: the next-generation testbed The United States has the broadest geothermal innovation ecosystem in this group, with a mature conventional base in the West and a fast-growing next-generation pipeline. The main policy signal in 2026 is the Department of Energy’s US$171.5 million funding opportunity for next-generation geothermal field-scale tests, exploration...
Revolutionizing Renewable Energy: Ormat Technologies' Geothermal Power Plant in Guadeloupe By : Robert Buluma In a significant leap towards a sustainable future, Ormat Technologies, Inc. has announced the signing of a groundbreaking Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new geothermal power plant on the picturesque Island of Guadeloupe. This partnership marks a pivotal moment in the renewable energy sector, emphasizing the crucial role of geothermal energy in combating climate change and fostering global energy transition efforts. Driving Sustainable Energy Solutions Ormat Technologies, a leading renewable energy company with over five decades of experience, continues to spearhead innovation in the field of geothermal power generation. The new 10MW geothermal power plant will complement Ormat’s existing 15MW Bouillante geothermal power plant, consolidating its position as a key player in the renewable energy landscape. Harnessing t...